Bonanza Launches New Shopping & Selling Blogs With Contest
Bonanza Worldwide marketplace is giving their buyer-facing presence a face and name lift with the launch of a new Shopping blog and a chance for users to get involved and win prizes!
BonanzaSarah
Greetings, Bonanzlers! We are proud to announce the launch of our brand-new Shopping blog. We’ll still focus on empowering our sellers on this Selling blog, but are expanding to create a fun-filled buying experience for our shoppers. To add to the excitement, we will be hosting a contest in which we turn to you, our community, to name the blogs, bidding farewell to the old name, "Relentless Simplicity." Read on to discover the details of this transformation and how you can be part of it!
A New Vision
Bonanza Worldwide's Commitment At Bonanza we have always placed a strong focus on our sellers, enabling them to thrive in the e-commerce space. Our commitment to seller success remains steadfast. However, we also recognize the importance of providing buyers with an exceptional experience, as it fosters brand building and cultivates a loyal customer base.We are working hard behind the scenes on projects that will build brand awareness. Of course, these projects take time, but providing fun content for shoppers on our blog and in our social media are the first step. With our new vision, we aim to strike the perfect balance between empowering our sellers and creating an enjoyable, unforgettable buying experience.
They will maintain the Bonanza Selling blog to support sellers with insights, tips, success stories and industry trends, while the Shopping blog will be geared toward fun and engaging brand building and customer loyalty.
Bonanza wants to get buyers and sellers in on the fun and is soliciting ideas for blog names - with the winner eligible to earn onsite rewards.
Name the Blogs and Win Big!
We believe that community involvement is crucial in shaping the future of Bonanza Worldwide. That's why we are inviting all of you to participate in our contest to find a new name for the blogs, replacing Relentless Simplicity...
..The contest will be open through July 18, 2023.The winner will be rewarded with a free TurboTraffic Pack, a powerful tool to boost your visibility on our platform, along with 5,000 reward tokens as a token of our gratitude.
Head on over to the Bonanza blog and leave a comment there to enter!
much too complicated now for a few pounds a year in sales
They just "killed the golden goose". I imported my 1500+ eBay items to there since it was free. Turned out just to be a lot of work for (maybe) 3 sales a month.
The total fees were higher there before this new $20 a month cost structure, even though they claimed otherwise. When one factors in the 3.49% + 49 cent PayPal processing fees so one can get paid, there went a good chunk of profit.
Now they have boosted their commission to 11%, and still claim that the cost to sell there is less than eBay's. And remember that this does not include payment processing. WHY?? Makes no sense at all.
On eBay, for $27.95 a month, I sell over 100 items there every 30-31 days. Makes ZERO SENSE to pay a site $20 to make just a couple of sales. Since they now allow 50 "free listings", I have trimmed my offerings back to just below that amount. Also had to raise all my prices accordingly to absorb the extra selling costs.
The people who run the show here obviously didn't realize that eBay sellers who imported their listings gave the site a great depth of product, which would attract more buyers. Now that will be gone, because NO ONE will pay them $20 monthly for little to no sales.
The site also has technical issues that they refuse to fix. It was a decent resource to enable the occasional sale, but they will soon be stacked onto the eCommerce trash heap of companies that THOUGHT they could compete with Amazon and eBay. Etsy may also suffer the same fate soon, as many sellers are also leaving their site due to high fees, website issues, and poor management.
Basic eComm rule here: When you do not carry any inventory, and sellers are solely responsible for supplying your site with the goods offered, DON'T BITE THE HAND WHICH FEEDS YOU!!!